"Foreign and Institutional Selling" ... KOSPI Slightly Down, KOSDAQ on the Rise
The KOSPI is experiencing a slight decline due to selling pressure from foreign investors and institutions.
As of 9:30 a.m. on September 19, the KOSPI index was trading at 3,458.86, down 2.44 points (0.07%) from the previous day. The index opened at 3,461.23, down 0.07 points (0.00%). However, during the session, it briefly traded at 3,467.89, setting a new all-time high, and the market continues to fluctuate within a narrow range. Foreign investors have sold 117.8 billion won worth of shares, while institutions have sold 63.2 billion won. Individual investors have bought 169.6 billion won worth of shares on their own.
By sector, IT services (0.76%), machinery and equipment (0.60%), and medical precision instruments (0.23%) saw gains. In contrast, textiles and apparel (-1.47%), electricity and gas (-1.36%), chemicals (-0.92%), securities (-0.92%), construction (-0.90%), entertainment and culture (-0.79%), and transportation and storage (-0.68%) sectors declined.
Dealers are working in the dealing room at the Hana Bank headquarters in Jung-gu, Seoul, on the 19th. Photo by Kang Jinhyung
View original imageAmong large-cap stocks, Kakao (4.95%), Doosan Enerbility (1.49%), Shinhan Financial Group (0.58%), and Samsung C&T (0.61%) rose. On the other hand, Hyundai Mobis (-2.52%), Hyundai Motor (-1.14%), HD Hyundai Heavy Industries (-1.00%), HD Korea Shipbuilding & Offshore Engineering (-0.97%), Samsung Electronics Preferred (-0.78%), Samsung Life Insurance (-0.77%), LG Energy Solution (-0.71%), Kia (-0.59%), Samsung Biologics (-0.58%), and Samsung Electronics (-0.37%) declined.
At the same time, the KOSDAQ index was up 1.27 points (0.15%) from the previous day, at 858.38. The index opened at 858.08, up 0.97 points (0.11%). Foreign investors and institutions are net sellers of 29.6 billion won and 23.9 billion won, respectively. Individual investors are net buyers of 63.7 billion won.
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Among KOSDAQ large-cap stocks, HPSP (7.52%), ABL Bio (5.48%), Samchundang Pharm (5.30%), Voronoi (4.13%), Ligachem Bio (3.93%), Caregen (2.80%), Lino Industrial (1.42%), Peptron (1.04%), PharmaResearch (0.99%), and Alteogen (0.42%) rose. On the other hand, Rainbow Robotics (-1.86%), Ecopro BM (-1.87%), Silicontwo (-1.86%), EO Technics (-1.83%), Hugel (-1.76%), Kolon TissueGene (-1.22%), and Ecopro (-1.19%) declined.
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